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This looks really bad from a PR perspective. Huge performance effecting security vulnerability and their CEO might have traded on insider info, doesn't look goo
by colemannugent 9y ago
This looks really bad from a PR perspective. Huge performance effecting security vulnerability and their CEO might have traded on insider info, doesn't look good.
I hope their lawyers have been productive these last few months before this all went public.
- dna_polymerase 9y agoHow do you hope for them. They fucked us. They fucked us all really good and deep. Seriously there is no more distgusting tech company right now than Intel. They screwed everyone with the fucking Management Engine and now that people are getting aware of the clusterfuck that IntelME is this shit happens. The CEO actually knew what would happen and choose to flee the sinking ship, by selling everything he could, instead of going public about it. It was security researchers and careful observations from the OSS world that made this public, not Intel. This fucking company screws their customers over and over again. I really hope that Amazon, Google, and all the Cloud Providers sue the shit out of them for this. And even more I hope that people wake the fuck up and stop buying their BS processors.
- foota 9y agoIntel was informed by others of the vulnerabilities.
- sverhagen 9y agoLet's say this were a company that you're very sympathetic toward. Or not. In either case, couldn't it still be a honest bug (as in, an "honest mistake"). They should still take their responsibility, held responsible, in court if necessary, but let any one of us who is without bugs, throw the first stone? Or is Intel somehow special? I sincerely ask you.
- dna_polymerase 9y agoSure there can be honest mistakes, but what exactly is honest about dumping your shares knowing about the bug without disclosing it? Intel just flushed the last bit of credibility down the drain by this. I really hope AMD can profit long-term from this, we really need more players in this game.
- tomxor 9y agodefining "honest mistake" for a company is quite difficult compared to an individual. However there are lots of anecdotes from insiders emerging that suggest negligence through substantial changes and cuts in verification that may well have been a primary factor. By comparison, if spacex had a massive disaster that affected everyone and it was found that they cut their testing team in half to re-appropriate resources 5 years earlier would you still call it an "honest mistake"?
- rando444 9y agoThe vulnerability aside, it looks bad in general when a CEO suddenly dumps all of his stock other than the required minimum. Throw in Google disclosing the vulnerability to Intel in June, and it looks criminal.